The Ticker

Written By Unknown on Kamis, 23 Oktober 2014 | 22.26

Postal workers appeal to Harvard president

The postal workers union wants Harvard University's president to oppose a deal between Staples Inc. and the U.S. Postal Service that offers services in some stores or resign her seat on the office supply chain's board.

The American Postal Workers Union on Tuesday took out a full page ad in The Crimson, the university's daily student newspaper, saying Harvard's involvement with Staples "sullies" its reputation.

The union, which represents some 200,000 workers, says Harvard President Drew Gilpin Faust should use her board influence to end what it describes as a "no-bid deal" between Staples and the U.S. Postal Service that effectively "outsources" postal service work to the company.

FedEx, UPS boosting seasonal hires

Facing an even bigger mountain of packages this holiday season, FedEx and UPS are hiring more workers to avoid the delays that frustrated shoppers and gift-recipients a year ago.

Last December, the delivery giants were caught off-guard by bad weather and a surge in last-minute online shopping. An estimated 2 million packages were late at Christmas.

FedEx Corp. yesterday said it expects deliveries between Thanksgiving and Christmas Eve to rise 8.8 percent over last year, to 290 million shipments. FedEx is predicting a peak of 22.6 million shipments Monday, Dec. 15.

Tobacco co. nixes workplace smoking

Camel cigarette maker Reynolds American Inc. is snuffing out smoking in its offices and buildings. The nation's second-biggest tobacco company informed employees yesterday that beginning next year, the use of traditional cigarettes, cigars or pipes will no longer be permitted at employee desks or offices, conference rooms, hallways and elevators. Lighting up already is prohibited on factory floors and in cafeterias and fitness centers.

TODAY

  • Labor Department releases weekly jobless claims.
  • Southwest Airlines Co., General Motors Co., Amazon.com Inc. and others report financial results.

TOMORROW

  • Labor Department releases expanded Massachusetts employment data for the third quarter.
  • Commerce Department releases new home sales for September.
  • Ford Motor Co., Procter & Gamble Co. and others report financial results.
  • FORGE Worldwide has appointed Christine Kalish, left, as digital producer. In this new position, Kalish will be responsible for project planning and production of digital media for all of the agency's clients.
  • Advanced Cell Technology Inc., a leader in the field of regenerative medicine, announced the appointment of LeRoux Jooste to the newly created position of senior vice president of business development and chief commercial officer.

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